TaxTMI 
TaxTMI 
GST - FTP Statement - Foreign Trade Policy 2015-20
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....ST - FTP Statement - Foreign Trade Policy 2015-20 <br>News and Press Release<br>Dated:- 3-4-2015<br><BR>GST - FTP Statement - Foreign Trade Policy 2015-20 The deadline fixed for Goods and Services ta....
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....x as announced in Budget 2015 is 1st April, 2016. The same was noted in FTP statement issued for Foreign Trade policy 2015-20. The relevant extract is as below: 1) One of Domestic Challenges - Goods....
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.... and Services Tax (GST) In the absence of a uniform system of indirect taxation in India, exporters are often unable to get a rebate or drawback on all indirect taxes paid on the exported product an....
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....d the inputs that went into its production, significantly inflating the final price of the exported product and making it less price competitive. The GST which is to be implemented from 1 April 2016....
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.... is expected to help Indian exporters significantly. The simplification and harmonization of the indirect tax regime of the country will reduce the cost of production and lead to a seamless, integrate....
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....d Indian market, thereby making Indian trade and industry 2) Goals and Objectives To accomplish the objectives of FTP 2015-20, it is necessary to implement a uniform, rational tax structure which....
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.... can be in the form of GST.<BR> News - Press release - PIB....